Arista Power names new board member

Rochester-based Arista Power Inc. has appointed Ira Greenstein to its board of directors.

Greenstein currently serves as president of Genie Energy Ltd., which, through its IDT Energy subsidiary, supplies electricity and natural gas to residential and small business customers in New York, New Jersey, Pennsylvania and Maryland.

Genie Energy holds and manages interests in oil shale and other oil development projects in Colorado and Israel. IDT Energy is the largest independent residential energy service provider in New York.

Greenstein also serves as counsel to the chairman of IDT and previously served as president of IDT from 2001 through 2011. He also serves on the boards of Document Security Systems Inc., Ohr Pharmaceutical Inc., NanoVibronix Inc. and Regal Bank of New Jersey.

"We look forward to the breadth of business and professional experience Ira Greenstein will bring to our board of directors," said Bill Schmitz, Arista Powers’ CEO, in a statement.